Stock Technical indicators to notice in UNAMI SHILUVIM ENT (UNMI.TA)
1- Last bearish trend was from 238.60 $ (3/12/2009) to 225.00 $ (3/30/2009) a 13.60 $ move 2- The current bullish trend started from 225.00 $ at 3/30/2009 and is currently trading at 242.00 $.
4- UNMI.TA current resistance level is at 242.30 which is the 127.20 % fibonacci retracement of the last 13.60 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
UNAMI SHILUVIM ENT (UNMI.TA) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 225.000 and 170.000 that was broken down at 242.000 transforming into a resistance line.
UNAMI SHILUVIM ENT (UNMI.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 247.700 and 253.700 that was broken up at 201.000 transforming into a supporting line.
UNAMI SHILUVIM ENT (UNMI.TA) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 247.700 and 253.700 that was broken up at 201.000 transforming into a supporting line.
Stock Trading Conclusion:
UNAMI SHILUVIM ENT (UNMI.TA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 242.30, 247.00, 247.92.
Stock Support levels : 238.60, 237.99, 235.51, 233.50, 233.40, 231.80, 231.49, 230.20, 228.21, 225.00, 49.70,.
